 "The major decision taken by Canada shock to foreign students … – News-Patiala English")
Study Canada : It is very important news for students who dream in Canada. The Canadian government has increased the minimum fund limit required for foreign students’s study permit. It means directly to study in Canada, you will have to keep more money than ever before your bank account. Through this, the Canadian government wants to make sure you have enough funds to meet your expenses when you are studying there and you do not have to be dependent on the work.
These money are mainly for tuition fees, living in Canada and the daily expenses of the family members to come to Canada. Canada Canada continues to update the minimum balance in the bank account meeting the growing cost of living in the bank.
How much amount & mldr;
Immigration, Refugeees and Citizenship Canada (IRCC) has changed the rules related to financial assistance. Now the account will have to show $ 2000 more than before. If a student is alone, his account must be $ 22,895. Earlier this amount was $ 20,635.
This amount includes the expenses of the first year tuition fee and to come to Canada.
What-cost expenses will have to be shown & MLDR;
Course fee
Living costs
Travel costs
Bank account in Canada
Education Loan (if taken)
Bank statement of the last four months
From when will be implemented new rules & mldr;
The new Canadian rule will apply to all September 1 1 September 2025 or after the study permit file for the study permit. If someone applies before 1 September 2025, he will apply the prices of the same, which is in effect on 1 January 2024.